Rocket Pool Price, News and Analysis (RPL)

Rocket Pool (RPL) Frequently Asked Questions

What is Rocket Pool?

RocketPool is an Ethereum-based Proof of Stake pool built to be compatible with Casper, the new consensus protocol due in 2018. It acts as a decentralized platform that provides the users, individuals or organizations, with tools to earn interest on their Ethereum. At the RocketPool, users can use 3d full party API for businesses that want to feature a Proof of Stake service. The RocketPool token (RPL) is a protocol token that was created to be a tool on distributed staking network. RPL token is Ethereum-based and it works with an automatic adjustment between reporting intervals mechanism in which Smart nodes on the RocketPool network report their status and server load every 15 minutes. (Description provided by CryptoCompare)

How do I buy Rocket Pool?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Rocket Pool.

Where can I get Rocket Pool wallet?

Rocket Pool produces its own wallet software that is available for download on its website, which allows you to store Rocket Pool on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Rocket Pool?

One Rocket Pool (RPL) is currently worth $32.40 on major cryptocurrency exchanges. You can also exchange one Rocket Pool for 0.00071997 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Rocket Pool in U.S. dollars is $333.07 million.

What hashing algorithm does Rocket Pool use?

Rocket Pool is a coin that uses the ETH Token algorithm.

What coins are similar to Rocket Pool?

The following coins use Rocket Pool's ETH Token algorithm and proof-type: Binance USD, Chainlink, Polygon, Polygon, FTX Token, DREP, DREP [old], Dai, THETA, PancakeSwap, Crypto.com Coin, Axie Infinity, Aave, The Graph and Fantom.

What is the Reddit page for Rocket Pool?

The official Reddit community (subreddit) for Rocket Pool is r/rocketpool.